One of the biggest betting days of the year is approaching, as the Kentucky Derby takes place at Churchill Downs on May 7th. Like every year, the event will bring out both the seasoned and amateur bettors, as everybody looks to find the star three-year-old that will be able to put their name up in light with some of the legendary stars that have won this race.
However, what are some tips that all bettors should follow to ensure that they stand the best chance of making money on the Kentucky Derby 2022?
Find The Right Time To Bet
Ante-post betting has become hugely popular around the world, and that is the case when it comes to the Kentucky Derby.
Betting markets for the famous race at Churchill Downs opened in the summer of last year, which means many of the leading contenders have been priced up since then. You can check the contenders and the current odds from the official bookmaker TwinSpires here: twinspires.com/kentuckyderby/odds
However, due to the growing popularity of the ante-post markets, it is getting more difficult to find value in betting. Therefore, it could pay to be more sensible with your wager and wait until the day of the race. For example, the current favorite in the betting Epicenter is likely to be bigger than 8/1 on the day of the Kentucky Derby, which means bettors can get higher returns.
Finding A Market
While many newcomers to betting may be safer sticking to the win market, it could pay to look elsewhere around the markets that are available at the leading sportsbook for value. One way that some bettors look to find value in the betting is by finding a higher-priced selection with a good draw that could return each-way value.
This covers extra bases, as it ensures that returns can be gained by simply finding a horse that finishes in the top three rather than just looking to identify the winner. Big-priced winners have become rarer in the Kentucky Derby, but there are always cases of horses out-running their odds.
Study The Form
It goes without saying, but before placing any bet on the Kentucky Derby, gamblers must examine all the runners that are lining up. This includes looking at the form of horses that aren’t necessarily at the top of the betting just to see if there are any form lines that could help identify the winner of the race.
As well as looking at the results on paper, many also go back and watch the contenders in their final prep race to see if there is any encouragement that the selection will be able to last the distance. Finally, speed figures could be the biggest factor to consider, as these will help narrow down the field considerably.
Around the time of the Kentucky Derby, many of the leading sportsbooks will be offering excellent welcome bonuses that new customers will be able to take advantage of. These are essential for all new players to take advantage of, as they will ensure that you will have extra money to play with for the opening Triple Crown race.
However, all sportsbooks will offer slightly different offers, which means finding a bonus that suits your needs is very important. As well as matched bonuses, some sportsbooks will offer a risk-free bet. This will see players get their wager returned to them should their selection in the Kentucky Derby not win the race.
The final tip to ensure an enjoyable Kentucky Derby betting experience is to gamble responsibly. Betting should be an enjoyable experience, which means that you should only wager what you’re prepared to lose, as there is no guarantee that your selection will be a winning bet.
Having a safe and enjoyable betting experience will ensure that you stand the best chance of winning money in the Kentucky Derby.